Quite a good Q3 for KPN: even if revenues, down by 3% yoy, are still suffering from the decline in the business market size (consumer revenues grew by 1.5% yoy), the EBITDA was good (growing by 3.4% yoy as it was down by 4.5% in Q1 and by 1.7% in Q2) driven by customer base growth and the positive impact of cost savings.
27 Oct 2016
Rationalisation of the network is paying off
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Rationalisation of the network is paying off
Royal KPN NV (KPN:WBO) | 0 0 1.1% | Mkt Cap: 10,881m
- Published:
27 Oct 2016 -
Author:
Jean-Michel Salvador -
Pages:
3
Quite a good Q3 for KPN: even if revenues, down by 3% yoy, are still suffering from the decline in the business market size (consumer revenues grew by 1.5% yoy), the EBITDA was good (growing by 3.4% yoy as it was down by 4.5% in Q1 and by 1.7% in Q2) driven by customer base growth and the positive impact of cost savings.